The Latest Breaking News from GFG Alliance

Audit firm to Gupta metals empire fined and banned for ‘egregious’ failures

UK watchdog gives King & King severe reprimand for failing ‘to identify clear self-interest’ when conducting audits

The Guardian - UK · Jun 23

Legal action against troubled smelter dropped

Australia's only manganese smelter, which is under administration and seeking a new buyer, will no longer be pursued legally by the regulator.

AAP · Apr 30

Smelter's wage lifeline fails to allay viability fears

A support package has given three weeks of pay certainty for 200 workers at Australia's only manganese alloy smelter, which is on the hunt for a new owner.

AAP · Apr 22

Liberty Steel has not produced anything at two key plants since July 2024

Lack of work at Rotherham and Motherwell sites highlights financial crisis at UK’s third-biggest steel producer

The Guardian - UK · May 21, 2025

Major industrial employer scales back amid tariffs

A major Australian manganese alloy smelter has scaled back production, citing global supply chain issues and US tariffs, and is encouraging staff to take leave.

AAP · May 19, 2025

With Whyalla steelworks forced into administration, Australia has crucial decisions to make on the future of its steel industry

Whyalla is a proud steel town. The steelworks physically dominates the townscape, and most jobs in the town are either directly at the steelworks or heavily reliant on it.

The Conversation · Feb 20, 2025

Premier lifts pressure on steelworks as debts grow

A global company must pay its creditors and demonstrate its capacity to invest in the Whyalla steelworks, SA Premier Peter Malinauskas has warned.

AAP · Feb 10, 2025

‘National disaster’ if troubled Whyalla steelworks falls over, SA premier warns

Peter Malinauskas calls situation ‘tricky’ but says state government will continue to monitor Sanjeev Gupta’s GFG Alliance and act where it can

The Guardian - AU · Dec 24, 2024

Former head of bank linked to Greensill Capital fined by UK regulator

CEO of Wyelands Bank, part of steel magnate Sanjeev Gupta’s empire, committed ‘serious’ rule breaches

The Guardian - UK · Jan 11, 2024

Mining exploration on the rise in SA as demand grows for materials used in renewable energy technology

As mineral exploration in SA reaches an eight-year high, resources companies are scouring remote parts of the state for commodities needed for lower-emission steelmaking, renewable energy generation and batteries.

ABC News · Apr 10, 2023